ETHPoW (ETHW) Price Plunges While Bitcoin Growth Remains Steady Below $20,000

Name	Symbol	Market	Market Cap ($)	Algorithm
Cardano	ADAUSD	Crypto	16,483,084,454	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Cardano

ADAUSD

Crypto

16,483,084,454

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.0024	0.51%	0.4693	0.469	0.4691

Price Change

Price Change %

Current Price

Bid Price

Offer

0.0024

0.51%

0.4693

0.469

0.4691

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.4772	0.4648	0.4675	0.4669	0.216009 - 0.810200

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.4772

0.4648

0.4675

0.4669

0.216009 - 0.810200

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	17:55:09	6.37	0.4691	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

17:55:09

6.37

0.4691

USD

Price x Volume	Volume	Base Symbol	Related Pairs
4,785,767.97	10,206,021.90	ADA	ADAEUR	ADAGBP	ADABTC

Price x Volume

Volume

Base Symbol

Related Pairs

4,785,767.97

10,206,021.90

ETHPoW (ETHW) Price Plunges While Bitcoin Growth Remains Steady Below $20,000

20/10/2022 8:29pm

NEWSBTC

Over the past few days, Bitcoin and crypto market has been enjoying traces of bullish appearances. Most crypto assets have been in the green, with some reclaims in their values. But the northward climb has just died out as of yesterday. EthereumPoW (ETHW) value crumbled by a whopping 11%. The Altcoins are not left in the new bearish trend. Most have taken to the south as they push the crypto market into the red. Despite several attempts, Bitcoin has again failed to hit its critical level of $20,000. Related Reading: 2022: The Year Of Crypto Market Fear Drastic Crumbling For ETHW And LUNC Over the last few days, there’s been a sudden cut in the latest uptrend within the crypto market. Most of the crypto assets are losing the previous reclaimed values. Before the bearish trend, Ethereum reclaimed up to 5% in its value shooting the price of ETH to nearly $1,350. However, the past day’s price decline has brought ETH to $1,288. EthereumPoW (ETHW) has suffered one of the worse losses of about 11%. Also, Terra Classic (LUNC) declined by about 7.5%. Crypto assets with minor gains include Uniswap, Tron, and Leo. Losers from the large-cap altcoins include Ripple and Cardano, with over a 3% drop. Others are Solana, Polygon, Polkadot, Binance Coin, Shiba Inu, and Dogecoin. Bitcoin Stalls Before The $20K level Last week, Bitcoin was on a price swing with little or no control over its movement. The primary crypto asset even went down to the $18K region after several attempts to anchor its price on $20K. The release of the US job report created an impact taking BTC to $18,200 However, changes started to occur with increasing volatility in the crypto market. The leading cryptocurrency made more surges from the start of this week. The token movement stalled relatively in the early hour of Monday but later picked the same. As a result, the price of Bitcoin rose again to the $19,000 region and gradually maintained its hold on the level. BTC later hit $19,700 this week. Also, kept looking for a more bullish push that could take it to the coveted $20K. However, the situation in the entire crypto market has suddenly twisted in a downward direction. As a result, Bitcoin couldn’t push through with a further move to the $20K level. Related Reading: Ethereum Mimics Bitcoin As The Bulls And Bears Tussle; Who Will Dominate? At the time of press, BTC is trading at around $19,092, indicating a drop over the past 24 hours. Also, its market cap is currently at $366.91 billion, and its dominance over altcoins sits at 39.88%. Based on data from the on-chain analysis, there have been several suggestions for further pain in the future for BTC. The belief is that Bitcoin displays a similar trading trend to the 2018 bear market. Featured Image From Pixabay, Charts From Tradingview

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